Paul Ryan 'Loves' Cain's 9-9-9 Plan

House Budget Committee chairman Paul Ryan "loves" Herman Cain's 9-9-9 tax plan and sees the proposal as "specific and credible” – a major endorsement for a surging GOP presidential candidate.

“We need more bold ideas like this because it is specific and credible,” Ryan said in an interview with the Daily Caller. “I’m more of a flat-tax kind of a guy.”

Cain is returning the love. He said Wednesday that he sees Ryan as the type of person he would want as a Vice Presidential nominee were he to win the Republican primary, the Hill reported.

"I'll give you a name, like representative Paul Ryan. I'm not saying he would be a V.P. pick. He might be. But that's the type of person that I would want in my cabinet. He is the type of person," said Cain on the Steve Gill Show.

Ryan said hoped Cain's plan - which would replace the current code with a 9 percent tax on all personal income, corporate income and sales - would encourage legislators to consider tax reform in coming sessions, the Hill reported.

Ryan says that Cain is thinking the right way, and that he believed that critiques of the plan would make it stronger.

“It’s great to see such bold ideas,” Ryan said.